# Parallel funding: rounds and investors > Parallel has raised $146M across 4 rounds since 2024. Investors include Index Ventures, Kleiner Perkins and Khosla Ventures. Every round with its source. Source: https://millionrounds.com/company/parallel (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Parallel* 4 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Cannabis Internet Raised 5 months ago Valuation: $500M, Oct 2024 Follow Parallel and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fparallel) Funding summary Updated 5 Nov 2026 **$146M** raised across 4 rounds since 2024, from 4 sources **$7.9M** Series C **$35M** Venture **$100M** Series A **$2.8M** Seed - **Latest round:** Seed, $2.8M Jun 2026 - **Biggest round:** $100M Series A · Nov 2025 - **Investors:** 13 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2025 2026 **$7.9M** Series C **$35M** Venture **$100M** Series A **$2.8M** Seed - **First round:** Series C, $7.9M - **Biggest round:** $100M - **Usual gap between rounds:** 20 months ## The rounds - **Jun 2026** Seed **$2.8M** No investor was named in the report. Source recorded - **Nov 2025** Series A **$100M** *5 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) Lead [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Lead [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) Also list them on their own site [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) Reported by Ventureburn - **Mar 2024** Series C **$7.9M** *5 new* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [ANRI](https://millionrounds.com/fund/anri) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) Source recorded - **Mar 2024** Venture **$35M** *3 new* [Paradigm](https://millionrounds.com/fund/paradigm) [The Spartan Group](https://millionrounds.com/fund/the-spartan-group) [VanEck](https://millionrounds.com/fund/vaneck) Source recorded ## Founders and team From Parallel's own website: 2 founders, 3 on the team. **Ken Kao** Co-Founder & Partner **Nic Gonda** Co-Founder & Partner - **Katherine Skylar** VP of Business & Revenue Operations - **Rebecca Prusinowski** VP of Content & Marketing - **Jocelyn Florence** Partner & Lead Strategist ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series C** 2024 **Venture** 2024 **Series A** 2025 **Seed** 2026 [Index Ventures](https://millionrounds.com/fund/index-ventures) L [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) L [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [Spark Capital](https://millionrounds.com/fund/spark-capital) [ANRI](https://millionrounds.com/fund/anri) [Paradigm](https://millionrounds.com/fund/paradigm) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) ## Everyone who backed them [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round, led 1 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round, led 1 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **1** round [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm **1** round [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round [ANRI](https://millionrounds.com/fund/anri) VC firm **1** round [Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) Accelerator **1** round [The Spartan Group](https://millionrounds.com/fund/the-spartan-group) Venture studio **1** round [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) VC firm **1** round [VanEck](https://millionrounds.com/fund/vaneck) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=parallel). ## Also claim to have backed them These 12 firms list Parallel as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) VC firm Series A, per its site [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) VC firm Per its own site [Breyer Capital](https://millionrounds.com/fund/breyer-capital) Private equity Per its own site [Spacecadet](https://millionrounds.com/fund/spacecadet) VC firm Per its own site [Breakout Ventures](https://millionrounds.com/fund/breakout-ventures) VC firm Per its own site [Collab+Currency](https://millionrounds.com/fund/collab-currency) VC firm Per its own site [Angel Collective](https://millionrounds.com/fund/angel-collective) Fund of funds Per its own site [Julian Capital](https://millionrounds.com/fund/julian-capital) VC firm Per its own site [WWVentures](https://millionrounds.com/fund/wwventures) VC firm Per its own site [Immeasurable](https://millionrounds.com/fund/immeasurable) Family office Per its own site [Synergis Capital](https://millionrounds.com/fund/synergis-capital) Growth equity Per its own site [Undeterred Capital](https://millionrounds.com/fund/undeterred-capital) VC firm Per its own site ## Quick answers about Parallel ### Who invested in Parallel? Parallel's investors include Index Ventures, Kleiner Perkins, Khosla Ventures, First Round Capital and Mitsubishi UFJ Capital, and 8 more on record. ### How much has Parallel raised? Parallel has raised $146M across 4 rounds since 2024. ### When did Parallel last raise? Parallel's most recent round was a Seed of $2.8M in Jun 2026. ### What was Parallel's biggest round? Parallel's largest round on record is $100M (Series A), in Nov 2025, led by Index Ventures. ### Who backed Parallel first? Parallel's first round on record, in Mar 2024, was backed by Mitsubishi UFJ Capital, Global Brain Corporation and ANRI and 2 others. ### What stage is Parallel at? Parallel's latest named round is a Seed, in Jun 2026. ### Where is Parallel based? Parallel is based in the United States. ### Who led Parallel's rounds? Index Ventures led the Series A in 2025. ## Companies like Parallel In the same sector, and raised in the last eighteen months. [**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app